Anatomy of a Mack Truck?
Today I went into AAPL earnings by selling call credit spreads. The move is already priced in, right? Here’s how I’m planning to handle this freight train tomorrow.
Archives: Daily Videos
Four Intraday Set-Ups to Watch Now
Intraday set-ups often lack “shelf life” in that their entry, follow-through, and exit can happen quickly. In these set-ups, I show you the dynamic levels to watch and how these trades could offer entries into the next session. The Spreadsheet of Trades The tabs at the bottom of the spreadsheet will allow you to see … Read more
The Internals and Transports — What Story Are They Telling?
Today felt like a Monday. Choppy and sloppy with bits of panic here and there, as stocks like TSLA and AMZN took nose dives. What are the obvious trades here? Let’s take a look.
What’s the Play After AAPL?
After we see how many iPhones Tim Cook and Co. were able to sell and how the Apple Pay system is being adopted, it’s all about Non-Farm Payrolls. Currencies are in play this week! The Reserve Bank of Australia is up first, followed by the Bank of England. The U.S. dollar and the FOMC’s plans … Read more
One More Bounce
Stocks saw a bounce on Friday as AMZN earnings were digested. There is a case to be made for the side of caution, but I’d rather focus on bullish names that continue to outperform and the next round of earnings.
Trading Through The Plane Trade
Almost like clockwork, the plane trade on Thursday did bring the selling we thought it might. Some positions fared better than others, and ultimately it comes down to the strategy you used in each situation. Let’s review that along with some thoughts on what happens next
These Two Signals Are Screaming Caution.
Well, three signals if you count my flight tomorrow. Other than that, there is a reason to starting to tighten up stops on longs and consider raising cash and looking at call credit spreads. Let’s take a look.